Cost of Living in Stanford, CA

Population 17,958 · California · Data vintage 2023

452
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $2 million, the typical home in Stanford costs about 7× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros. Unemployment has stayed elevated relative to the national figure — 7.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Stanford sits roughly 8 miles west of Sunnyvale. Median home values run roughly 10% higher than Sunnyvale's $1.8 million.

Cost Overview

Housing 656
Rent 146

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Stanford

The median home value in Stanford is $2,000,001 — 556% above the national median of $305,000. Median rent runs $1,925/month, 46% higher than the national median of $1,314/month. The median household income of $70,651/year is 5% lower than the US median of $74,580. The local unemployment rate is 7.6%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Stanford has a cost of living index of 452 versus the US average of 100, meaning it is 352% more expensive.

🏠 Housing

Median Home Value
$2,000,001
556% above avg
Zillow Home Value
$3,236,453
Zillow ZHVI
Median Rent
$1,925/mo
46% above avg
Price-to-Rent Ratio
86.6x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 25.5%
Renter-occupied 74.5%

💰 Estimated Monthly Budget

Rent median rent
$1,925
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,539/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.2 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.4%

Commute Mode

Drove alone
18.5%
Carpooled
2.5%
Public transit
2.8%
Walked
20.8%
Bicycle
30.2%
Work from home
21.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$70,651
5% below avg
Per Capita Income
$42,003
Unemployment Rate
7.6%
58% above avg
Poverty Rate
18.2%
Labor Force Participation
51.6%

🎓 Education

Bachelor's degree+ 33.1%
Graduate degree 58.0%

👥 Demographics

Median Age 22.7
Male median age 23.4
Female median age 22

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
65.8%
Good air days/yr
134
Max AQI recorded
179
PM2.5 days
184
Ozone days

Frequently Asked Questions

What is the cost of living in Stanford, CA?

Stanford has a cost index of 452 (100 = national average). It is 352% above the national average.

What is average rent in Stanford, CA?

The median gross rent in Stanford is $1,925 per month based on 2023 Census data.

What is the average home price in Stanford?

The median home value in Stanford is $2,000,001 according to Zillow and Census data.

What is the median income in Stanford?

The median household income in Stanford is $70,651 per year (2023 ACS 5-year estimates).

What is the sales tax in Stanford, CA?

The combined state and local sales tax rate in Stanford is 8.7%. The California state income tax top rate is 13.3%.

Is Stanford, CA affordable?

Stanford is above average in cost of living, with an index of 452 — about 352% higher than the national average.